Amara Financial LLC. Has $28.08 Million Stock Position in Vanguard Mega Cap Growth ETF $MGK

Amara Financial LLC. grew its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 7.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 69,764 shares of the company’s stock after buying an additional 4,965 shares during the period. Vanguard Mega Cap Growth ETF accounts for 20.7% of Amara Financial LLC.’s holdings, making the stock its biggest position. Amara Financial LLC. owned 0.09% of Vanguard Mega Cap Growth ETF worth $28,075,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. U.S. Capital Wealth Advisors LLC boosted its position in Vanguard Mega Cap Growth ETF by 1.3% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 1,936 shares of the company’s stock worth $779,000 after acquiring an additional 25 shares during the last quarter. Latitude Advisors LLC raised its stake in Vanguard Mega Cap Growth ETF by 1.5% during the 3rd quarter. Latitude Advisors LLC now owns 1,723 shares of the company’s stock worth $693,000 after acquiring an additional 25 shares in the last quarter. Horizon Investment Services LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 0.3% in the 3rd quarter. Horizon Investment Services LLC now owns 9,923 shares of the company’s stock valued at $3,993,000 after acquiring an additional 26 shares during the period. Keybank National Association OH raised its stake in shares of Vanguard Mega Cap Growth ETF by 0.5% during the second quarter. Keybank National Association OH now owns 5,449 shares of the company’s stock worth $1,995,000 after purchasing an additional 28 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC increased its position in Vanguard Mega Cap Growth ETF by 3.5% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 954 shares of the company’s stock worth $384,000 after purchasing an additional 32 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA MGK opened at $386.99 on Friday. The company has a market capitalization of $30.36 billion, a PE ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 12-month low of $262.65 and a 12-month high of $426.80. The firm’s 50-day moving average is $405.63 and its two-hundred day moving average is $402.63.

About Vanguard Mega Cap Growth ETF

The Vanguard Mega Cap Growth ETF (MGK) is an exchange-traded fund that is based on the CRSP US Mega Growth index. The fund tracks the CRSP US Mega Cap Growth Index. The index selects stocks from the top 70% of investable market capitalization based on growth factors. MGK was launched on Dec 17, 2007 and is managed by Vanguard.